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. good morning, every. the big weather story has been the drought and the heat throughout much of texas. we were very encouraged that we could get a tropical storm that would head over texas and you can see that big red blob. this is tropical storm don. it does not appear that don will bring us the relieve that we need. houston probably won't see anything, corpus krissy christy some showers. it has tracked further south than we would have liked. you can see that the bapath is more north/northwest. we wanted to end up in central texas. it looks like it will rain itself out over northern mexico and the mountains and that will quickly break the storm up. so even west texas may not get the relief we were hoping for. landfall should be sometime close to midnight and then it will quickly be moving out. so in brownsville, by saturday morning, this could be over with. and it should be anywhere between a 50 to 65-mile-an-hour tropical storm. so at bit of a pump, but it won't do any devastation. we were hoping for rain. you can see the scattered showers off the coast that will be arriving during
. if a crisis can be averted. if democrats and republicans can come to an agreement on the big fight that has been frankly smothering american politics for weeks now. president obama announced earlier today that he wants to see a deal done by tomorrow on the big debt ceiling fight that has consumed every bit of oxygen in d.c. for the last few months. the president saying tonight that congressional leaders are on the clock. they have 24 to 36 hours to get a deal done. as planning a vote that the u.s. government should not default on our debt and shut down comes down to the wire, we are inching close enough to the edge here that two of the world's major credit rating agencies have warned that our national credit rating may be downgraded as a result of this standoff. the day that the u.s. would actually hit the debt ceiling and start going into default and shutting down is august 2. but this does not mean that we have until august 2 before we lose our national credit rating. that could just happen right now. because of the uncertainty and because of how long it is taking to get this done. right
months of the year. chief political correspondent carl cameron has the big dollar picture. >> president obama raised half a million dollars a day for the last three months. $58 million from a half a million donors in the second quarter. alongside $38 million raised by the democratic national committee, the $86 million haul shatters records. the republican national committee is targeting three swing states that is vulnerable. pennsylvania, michigan, wisconsin. they launched an attack ad with president obama's convention rhetoric and reality now. >> we measure progress by how many people can find a job. whether you can put tra money away at the end of even month to some day watch your child receive a college diploma. >> reporter: he leads every rival in the latest head-to-head matchup. among republicans, mitt romney is ahead of michele bachmann who leads a three-way race for second, including sarah palin and rick perry. no one else breaks double digits. the texas governor's plan for a day of prayer and fasting for nation's challenging at the houston astrodome and elsewhere august 6 are no
good. why do the people that rail against big government pay so little for it. rick perry is getting in this thing, but how is the country going to react to a 10 gallon sized george w bush. what about the brains it takes to be the number one world leader? you have heard this thing the other way, could this guy be all cattle and no hat. hi, i'm chris matthews. welcome to the show. with us today, howard fineman, nia-malika henderson, andrea mitchell and michael duffy. first off today, the switch boards led up this work with protests over grid look. at the polls. the most motivated republican voters are not fallen to house republican tactics. 73% of voters blame president obama, not the house republicans. and republicans think that debt cash will help them defeat the president. here is how they'll play the president's failure to win the grand bargain on the day. they'll claim the president showed weak leadership, that he was not the post-partisan compromiser, he that is still a big spender and probably most crucial, they'll tie this crisis to the jobs crisis. howard, right now there is
, requires some reforms to be strengthened. we are in big disagreement as to how to do it. >> that is an understatement. democrat favor tax hike within social security and medicare as well as increasing income taxes. budget committee chairman paul ryan argues part of the problem in medicare is the new healthcare law. which claims savings will materialize, and the chief actuary of medicare has the same concerns. >> there is a lot of evidence to suggest some of the payment provisions will not be sustainablsustainable in the lo. >> it pays providers including doctors lower and lower rates. foster says over time it will leave 40% of all providers in the red raising questions about whether they'll treat medicare patients. >> if at some point our payment rate to providers become less or significantly less to the cost of providing services, they either will be unwilling, or unable to continue providing services. >> last year, 51% of medicare's cost was taken out of the general revenue; meaning, half the cost of medicare was paid by borrowing money. which is why it's part of the d
. don, so if a tsunami was generated here, we will know rather shortly how bad, how big and whether it has arrived on the coast in just a few minutes here. and we'll keep you posted. >> we all remember what happened back on march 11th, it was the earthquake and then the tsunami that damaged so much of japan and the nuclear power plant. it was evacuated for a time earlier. we're hearing now the workers had been let back in. do you have information on that? >> that's the thing. we've had these 7.0s where we have the big scare. a lot of folks not knowing when you feel the earthquake, you really aren't sure if it's a 7.0, is it an 8.0? the folks in and around the plant will take the precautions and evacuate. if we're getting word they're letting them back in, i think we are looking pretty good here along the coast. >> ivan, stay on top of that for us. as he was speaking, we did see video coming from nhk there in japan. we want to go now to dale grant with the usgs. he joins us now from golden, california tonight. listen, sir, as we look at this video and you see the shaking there and yo
,000, a key level for the first time since early april. >>> big oil continued to make big money in the second quarter. exxonmobil reported a 41% jump in profits as gas prices hit three-year highs. results were still short of analysts' expectations. >>> shares of the texas giant ended up more than 2%. >>> on the flip side royal dutch shell had the help of higher fuel prices. the oil company nearly doubled its profit to $8.6 billion. speaking of oil, because of tropical storm don, gulf of mexico producers reduced oil and natural gas output and evacuated some platform workers, but analysts don't expect any prolonged production outages. >>> back on the street, we had several other companies beating expectations on thursday. they included starbucks, dupont, metlife, and colgate palmolive. >>> pet owners may have a way to keep their pups happy. we're not talking about dog bones and cat nip. a seattle lab is developing a medical marijuana patch for pets. the purpose is to help ailing animals that suffer everything from arthritis to cancer. developers hope to have the patch ready by the end of the ye
, the long-term deal that could take a big bite out of the deficit. >>> two big head lines, the casualties keep coming and the scope keeps widening. rebekah brooks arrested. the woman once headed up his british papers, she's out on bail. headline two, the head of scotland yard resigns. sir paul stevenson is quitting over criticism how he handled the saga. >> as commissioner i carry ultimate responsibility for the position we find ourselves in. with hindsight i wish we had sunlged matters involve this affair differently. i didn't and that's that. >>> brace for an explosive few days ahead. ra beck that brooks, rupert murdock and his son are scheduled to be questioned by british lawmakers tuesday. >>> 15 seconds of news from canada. classic rockers chief trick got a scare as their stage collapsed at the ottawa blues fest. the stage blew over in severe weather. that's where we snagged these pictures. check out the stage before. and after. it's barely recognizable. good news, no serious injuries. >>> you hear the words grope and airport and junk-touching security checkpoint horror stories pop t
to spend in terms of resources and manpower. the big question where is the line drawn here? this is a long protracted murder investigation. so the judge has said we will do a hearing here and we will parse this all out and figure out how much she is going to eventually have to pay back to the state of florida. >> maybe this is a little bit of an odd question because i think so many people are surprised whether the original verdict came down days ago. is this a surprise they are sending her back to jail for possibly another year? >> i don't think a big surprise. my thought they would go back a few weeks or a month maybe rather than getting out absolutely today. >> jack ford, thanks. good to see you. over to jeff glor at the news desk woot cheith another check r headlines. >>> overseas a frightening roof collapse at a soccer stadium. happened during renovation work at a stadium in the netherlands. one person was killed there and at least 13 others were hurt. you can see what happened. no match was being played at the stadium at the time of the collapse but we said renovation work was being d
a front flip on his motorcycle. he wound up winning that event. >> they say one of the big stars of the games is going to be skateboarder mitchie brusco. he's doing all sorts of crazy stuff. and get this. mitchie, just 14 years old. >> i've got to wonder how his mom feels about that. >> she's got to be a little scared. >> is she watching or she's got her eyes closed. >> i don't know how those guys do it. good lucuc >> wow, very impressive. >> yes. >>> more "world news now" when we come right back. let me tell you about a very important phone call i made. when i got my medicare card, i realized i needed an aarp... medicare supplement nsurance card, too. medicare is one of the great things about turning 65, but it doesn't cover everything. in fact, it only pays up to " 80% of your part b expenses. if you're already on or eligible for medicare call now to find out how an aarp... medicare supplement insurance plan / insured by unitedhealthcare insurance company, helps cover some of .the medical expenses... / not paid by medicare part b. that can save you from p
. the big concern this morning, will the markets be spooked by all of this just over a week from the deadline? we're already seeing lower asian markets. and in an interesting twist, the high-level english official says that it's, in his words, the right wing nutters who are causing more of a threat to the world economy than problems in europe. amara? >> tracie potts in washington, thank you. >>> the man accused in the massacre and bomb attack in norway is asking for an open court hearing so he can explain himself according to his lawyer. anders breivik is due to be arraigned today. this as a shaken nation mourns the 93 victims who died. emma murphy from our english broadcast partner itv reports. >> reporter: in a country struggling to comprehend the events of the past days, there are few rituals to bring comfort. but hour after hour in the driving rain, the people of norway have lit candles and laid flowers in memory of their dead. they seek solace together, but it is a terrible shared pain. some of those who were injured in the ireland attack joined with norway's king and queen
% in the second quarter from a year ago. jpmorgan chase will be the first of the big banks to report on thursday. results from top tech player google are also expected thursday. also this week, investors will eye fresh economic data, starting with may's trade deficit on tuesday. also tuesday, minutes from the federal reserve's june meeting. wednesday, fed chairman ben bernanke delivers his biannual testimony to congress. retail sales and june's producer price index comes out thursday. and june's consumer price index is released friday. >>> elsewhere, precision cast parts says it has agreed to buy primus international for $900 million in cash. >>> reuters reports there's an emergency meeting in europe this morning over the debt crisis. they're now possibly spreading to italy. the region's third largest economy. friday italian stocks and bonds tumbled in a massive sell-off. >>> and finally, according to a new survey of college students and graduates, health insurance is the new love potion. 90% of surveyed students and 93% of recent grads said knowing a potential partner has health insurance would
to be downgraded. >> whether we get downgraded or not. i don't think that's going to have that big an impact on the treasury markets. right now, there's a flight to quality and everybody is coming to the u.s. i think with more important and with the markets will be looking for is how this is handled politically. if the debt ceiling is raised and it's a big victory for president obama, because the republicans play into his hands, then i think it's going to spell, you know, looking forward that there's not going to be any structural changes, that we are going to have our tax increases and so forth. but if the republicans give this to president obama and say, look, we did our best. we wanted to cut spending, we wanted to cut taxes, and you didn't let us. and if president obama is forced to own that, then in november, 2012, there will be a referendum on that question. >> james, i can't help, but think that if we are downgraded, our financial reputation, our standing in the world, takes a hit. so, you know, i press that question, is a downgrade looking ever more likely? >> well, i think whether o
ivan cabrera saying that this is an aftershock from the march 11th quake. this is a big hit even though. >> yes. this actually is one -- well, it is the largest aftershock since the 9.0, and there were a few 7.0s at that time, but since that time, this is the biggest quake that has occurred in the aftershock zone. it has been felt all of the way north in aomori to south of tokyo and it is widely felt. >> so, listen, you are in golden, colorado, tonight, and as we watch the possibility of a tsunami, there was a warning there, and we saw what happened when on march 11th, when there was an earthquake and all of the sudden, this wall of water slams into the coast of japan and took out so much, so many cities there. when might we know if or the possibility of something happening from this not that severe, but when might we know something? >> actually, since tsunamis travel at 450 miles an hour, if one would have occurred, it would have already been known by now. >> okay. so, as we look at this though, and all of the buildings there that are really still damaged and all of the infrastructure,
of more of the same big government as usual. not if it promises more of the same as banner under different party. >> that's the counter of a one-two punch. reminding voters that tim pawlenty backed positions that she fought and pawlenty threw the first punch in the fight. "instead of negativity, i want to focus on my accomplishm. i fought cap-and-trade agenda rather than implement it. i stood up against the bail-out rather than defend it." bachmann was responding to the weekend assault by pawlenty of lack of experience in the legislative branch. not withstanding the fact as minnesota governor he backed heifer for congress. >> i have executive leadership in a public setting, record of coy lampishment and result in difficult and challenging circumstances. she served in congress in that regard her record of accomplishment is nonexistent. >> three others near decisions to run or not. rick perry is personally calling to gain support in new hampshire and iowa. and being briefed on national and world affairs. sarah palin is on the cover of "newsweek" predicting she can win. no timetable on decisi
wilson. it was a very busy day of wheeling and dealing, but the big question now of course, who will be the redskins starting quarterback? we will talk about it in half an hour at 5:30. surae and mike. >> no i want to know how. just kidding. [ laughter ] >> reporter: i'm not ready yet. they are in my ear. back to you guys. >> things start to change the way it is, and we could find out in the next hour, who knows. >> the son of marion berry could be behind bars for a little longer. >> mayor christopher berry pled guilty yesterday to federal drug charges. in may shorts found save sandwich bags of pot and pcp in his apartment. officers were called in for some sort of a dispute when they found the pot in his apartment. >>> supporters in the district are tired of bureaucratic delays, and they are want the new medical marijuana law to be implemented all at once. one person speaking out at the rally, ervin rosefield. a medical marijuana patient and writer. >>> the former godfather's pizza ceo said they had the right to ban islamic mosques and said he would not want a muslim leader in h
's analysis. labor big boss says the election season features sometimes a delusional president. if you think our president has problems check out his counterpart in iran. live from the studio in washington, this is "special report." good evening. i'm bret baier. we begin with washington's version of the irresistible force versus the unmovable object. president obama today said there will be no agreement on the debt ceiling if republicans don't budge on taxes. house speaker john boehner responded by saying that the house cannot pass a tax increase. the two sides met for another round of negotiations. white house correspondent mike emanuel has the latest. plus word of something that was apparently on the table for a while. >> trying to reach a grand debt deal, the sources say president obama offered to raise the medicare eligibility age from 65 to 67. there was also discussion of moving to actuarial tables deciding age eligibility rather than congress setting it. sources say there was no agreement because it was part of a package deal that mr. obama insisted also include increased tax revenues
's a look at the weather. let's check traffic with elizabeth. >> thanks. unfortunately we have big problems developing now in sunnyvale. we're talking about a jackknifed big rig right there approaching the lawrence expressway exit in the southbound lanes of 101. now, three lanes are blocked in the southbound direction. no reports of any injuries with this jackknifed rig or what exactly the truck was carrying but we know that traffic is just squeezing by right now partially in that left lane and the center divide. also the on-ramp, the lawrence expressway on-ramp to southbound 101 is completely blocked. 280 is the best alternate in the area. not big backups now but if this continues to be out there for a while which it sounds like it could, chp just issued a traffic alert for that stretch, they will just said that they are hoping to get lanes 30 to 40 minutes after the tow crew arrives arrives son scene. we are waiting for word for when the crew arrives and then it could be 40 minutes from then so this is going to be an issue for the start of the morning commute for sure. so 280 a good alter
. >> reporter: big crowds gathered in oakland to watch that final shuttle launch. >> 4, 3, 2, 1. liftoff. >> it was a full house at the space and science center. thousands of people filled the theater for a bittersweet watch. >> this is the last shuttle launch of and since america doesn't have a replacement vehicle, how long will it be before we get back into space? >> the end of the space program ace tough sell for some people. some people are not quite sure how it can be over. >>> we are learning more information on at that time jake plane crash in watsonville. it turns out there were four people on board, two adults and two children when it slammed into the side of a medical building. allie rasmus joins us now from the crash site. >> reporter: i want to share with you that we have just learned the names of the victims of that crash. a family member sent us a photo of them. they are david and dede haughton of santa cruz. they were killed in this crash. so were their sons, ryan and luke. they were on board of this plane that we're going to show you right here. this is where federal inve
'm don lemon. we'll start with breaking news tonight. we're starting with two big news stories. the first one, a roadblock tonight in negotiations over the nation's debt. the president and the house speaker both making statements in just the past hour. we're going to tell you what they said. also an earthquake, a powerful one has hit japan. a tsunami warning has been issued and that's where we're going to start right now. the japanese coast that has just hit the hardest by the earthquake earlier this year is under a tsunami warning at this hour. it is a magnitude 67 quake. it struck off the coast just about an hour ago felt as far as away as tokyo. we're going to join to our meet yolgs vimpb ca brar. is this an aftershock? >> absolutely. it's a 7.0. this is an automatic thing that they do here in japan. when you get a 7.0, approximately 100 miles east of the coast, it was strong enough or it could trigger an earthquake in the united states. we think of it assay you have a tornado warning as a result of a doppler indicated cell. we don't know if the tornado is on the ground. same thing her
's to resume their position because there's an answer to the big question. >> lilia luciano on verdict watch for us in orlando. thank you so much. >>> i want to bring in our legal panel to talk about deliberations and which side did a better job of proving its case. we have diane dimond and former prosecutor wendy murphy on the right side of your screen. thanks to both of you for joining us today. >> sure. >> before we get started, i want to play a bite from defense lawyer jose baez who on monday raised the issue of reasonable doubt, telling the jury they have it. take a listen. >> these are the facts that you have heard. and these are the facts that prove beyond a reasonable doubt that casey anthony is guilty of murder in the first degree. reasonable doubt lives here. it's throughout the case. it's right here. it's with these individuals. it's with those individuals. it's everywhere. you can't trust this evidence. you can't. >> all right. so we started with the prosecutor first. wendy, let me start with you. did the prosecution remove any reasonable doubt? many say that jose baez may have a
. this goes back to the sery this isas facist economy and you have big business and labor and government in cahoots with each other. he is a prime example of it . you are going to indict the system indict jeffrey and ge. they are not doing what they should be doing. >> they are getting a lot of assistance in subsidies and that is in from the government and he's got a lot of breaks because of that . a tax break. >> but to say that small businesses have gotten 17 different tax breaks is disingeniuses . that is why the republicans fought them on you want to help the small business, put the pay roll tax holiday on the business side and not the employee side. forget and help our businesses and put it on the businesses . balance sheet and we did not do that. i think it is pretty audacious for the president and gu as well to say businesses have all of that cash. they want to have a value . the president doesn't like self interest. he likes self sacrifice. that is why it is in a intregal role you don't have political pull you are screwed. >> that means they came out this week and supported boein
, like he did to you in an e-mail. we'll be right back. [cheering and applause] ...was it something big? ...or something small? ...something old? ...or something new? ...or maybe, just maybe... it's something you haven't seen yet. the 2nd generation of intel core processors. stunning visuals, intelligent performance. this is visibly smart. young boy: my polo's lookin' fly! young girl: we're all dressed for show and tell. mom: and it's only july! kids: july?! anncr: who's ready for school? old navy khakis from $12 dollars, polos from $5.50. everybody. thank you. my guest tonight is a harvard professor of philosophy. i'll ask him, what is the sound of one audience clapping? please welcome michael sandell. [cheering and applause] thank you. professor, please, sit down. all right. sir, let's get the crm v. out here. it's kind of impressive for those who like things. you're a professor at harvard, so you're smarty pants. you have thought political philosophy since 1980. you teach a special undergraduate court called "justice." 15,000 students have taken it so far. you can watch this on youtu
" will be bittersweet will be sure, a big celebration marked by big questions of what's ahead. >> bob, thanks. also with us is charles bolden, nasa administrator. >> good to be with you. >> there's a lot of criticism, including john glenn, by ending the program the way it's being ended without a backup plan this is ignoring a cardinal rule at nasa, saying there should be something else ready to go. how do you respond? >> we spent seven years with a well organized transition plan for phasing out shuttle and moving on to the next era. we're excited about what president obama is allowing us to do, working hard with the commercial entities, we hope to fly our first commercial crew, cargo missions early next year, they will be american made rockets flying cargo to the international space station and starting to work with commercial entities, hope to release a request for proposal on commercial contracts to take crew to orbit, maybe three years after we let the contract, we'll have a capability. >> many do see this and a number of astronauts have spoken over the last few weeks have said it seems like u.s
's here to dish on the debt and deal in taxes. and big money, big problems? mitt romney's campaign is debt free, but where is all that money coming from? we'll tell you why it could add up to a little bit of trouble for the republican front-runner. good morning, it's monday, july 18th, 2011. i'm chuck todd. just 15 days until default day. let's get right to my first reads of the morning. it's a week of public spectacle and private wrangling. efforts to get a big debt deal done has failed. >> when you look in the past at agreements between divided government, it's taken leadership on both sides. it took reagan and o'neil. it took clinton and gingrich. the president is out there. he's willing to do it. he said it in the state of the union, he said it in the budget. the question is, do we have a partner to work with? and i hope the answer to that is yes. >> this week we'll see a two-track process. publicly, leaders will get a few votes out of the way to allow conservatives to get on the record on a balanced budget amendment and set the table that nothing besides the final deal can pass. meanw
, no. now's the time to go big. get thing done for good. here he was, the president just this morning. >> i will not sign a 30 day or a 60 day or a 90-day extension. that's not an septemberabaccept approach. if it's hard now, how are the guys going to be thinking six months from now in the middle of an election season when they're all up. it's not going to get easier, it's going to get harder. we might as well do it now. pull off the band aid, eat our peas. now's the time to do it. if not now, when? >> brianna at the white house. bring us up to date. are the high stakes talks happening right this very second? >> as we understand it, brooke, these meetings continue here at the white house. president obama with top democrats and republicans in congress. you heard the tone that the president was striking there, like a parent trying to get two kids to share. he's been saying he's bending over backwards, giving up a lot and republicans are not. of course, that is his side of the story. if you were to think of him, he has a favorite child in all of this, right? the democrats. that's his par
house correspondent, and from cnn money. go big or go home. what is the republican push back? >> reporter: we're going to be finding out very shortly because house speaker john boehner will take to the cameras at 1:30 eastern essentially in the rebuttal to the news conference from the president earlier today. but the push back for republicans has been tax increases. you have republicans who have insisted on no tax increases, and democrats that insisted if there will be spending cuts, to achieve trillions of dollars in deficit savings. they don't want to abandon -- if there are going to be cuts to programs that are huge, they want to be able to say we pushed for sacrifices from wealthy americans and corporations. they are trying to strike kind of a just right agreement. because on one hand, you have a lot of republicans, and many of them who were swept into power in the last election saying we're going to cut spending and make government smaller, so the idea of tax increases, and certainly this is something a lot of them literally pledged they will not do, randi, it would forc
to tucker good morning. >> good morning steve that is big news. i don't know what to make of it. >> do i need to console you. >> i am not sure clouds on the increase, storms to the south and west, partly to mostly cloudy day, temperatures expected to be in the 90s. a shower or two later this afternoon. cloud cover off to the north partly sunny morning here in the immediate washington area. notice pittsburgh, portions of ohio, shower and thunderstorm activity, possible some of that could slip in during the course to have day with the cloud cover temperatures will be held back a little bit yesterday we were thinking mid-90s now we are thinking low to mid-90s temperatures a few degrees cooler, regan national, 79 degrees, 79, 66 frederick, 63 winchester, 71 at the naval air station your forecast today more clouds and sun showers this afternoon generally speaking a dry day with a high temperature of 91 degrees still looking at a lot of heat around here on friday, on time traffic and julie. >> travelling along new york avenue at montana we had problem with the signal lights lanes are open once
to remain. a big ridge of high pressure in control there and the drought will continue to worsen. it's not just the heat, it's also the storms. usually the big area of high pressure like you see on the map, you get storms to the north and east side of it. we'll see severe weather in the northeast and the coast guard still looking for two missing boaters out of chicago. they had gusts over 60 miles an hour in a storm and they overturned some of the boats in the water. back to you. >> heat still dangerous across the country in many places. >>> casey anthony has been a free woman for almost 35 hours, but where did she go and who is helping her as she transitions back into society? kerry sanders has the latest details shortly on that. >>> treasury secretary tim geithner speaking this morning that this morning specific items regarding the debt deal. one of the options that senators harry reid and mitch mcconnell or working on raising the debt ceiling in exchange for $1.5 trillion in cuts over ten years. this would also create a new congressional panel that would study ways to reduce the d
enough to get a compromise and to get it through both houses. that remains a big question this afternoon, and -- and it doesn't seem like we've got a clear answer on really where that goes yet. >> all right. let's get out of the beltway for a second here, kate, because we've got a poll today showing 62% of americans now favor raising the debt ceiling one way or another, either with or without debt reduction. got a block of senate republicans accepting higher revenues, ie taxes, as part of tax reduction. are these holdout house republicans becoming more isolated, and are they begin to feel the heat to compromise here? >> reporter: it's hard to say. we've talked to some very conservative republicans about that, and they stand very firmly in their belief that they do not think this a tax increase should be part of any debt deal because they don't think that it's good for the economy, and they say many of them were elected in 2010 really basically on this point, that they need to get the country's fiscal house in order and not continue spending, spending, spending, that they should be reduci
economic soundness to this country. that take as big deal. a lot of pain. democrats are upset the president talked about pain on their side of the ail and republicans are saying no way will we give tax relief to middle income americans. they want to continue tax relief to the wealthy. everyone agrees a number around $4 trillion will make a serious debt on our deficit. it will send a statement to the world that the u.s. has gotten ahold of their fiscal problems and they are moving forward. it will give confidence to the american people that we can move forward to bring economic soundness. that's the president's commitment. >> 6:00 on the east coast. welcome to "morning joe." look at that nice live look at times square. joe is looking spify today. he went shopping. it is monday, july 11th. >> i don't know what that means. >> we have msnbc -- well, yes. this is unusual. we have msnbc contributor mike barnicle, john heilemann. what's so funny? >> yeah, what's so funny? i don't get it. he's back. >> we can't get him to leave. we have "morning joe" economic analyst steve rattner and in washington
seal a budget deal? it doesn't sound like. they did have a big win tuesday with cut, cap and balance. still no debt deal on the table. the clock seems to be ticking very fast. our next guest is pointing the finger at president obama, calling the president clever and slick. what does he mean? we asked karl rove. nice to see you. >> great to see you. >> greta: in add's "wall street journal", you described the president's press conference a week ago you said it was a b -- buff foe performance. i telecommunication a tough of sarcasm, tell me what you mean? >> i mean ironic. it is not sarcastic, i'm being ironic. the president gave an outstanding theatrical performance. he started off by blaming others. we expected them to blame bush. he also blamed the democratic congress. saying they had runaway with the credit card. they were just doing what he was telling them to do. he insisted that others solve the problem. he said within 24 to 46 hours i demand congress give me a plan. he said the worst alternative to come out of this would be if we raise the debt ceiling without taking any steps t
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